Transurban Group Reports Average Daily Traffic Growth in September Quarter
MT Newswires Live
Oct 08
Transurban Group (ASX:TCL) said average daily traffic (ADT) for the September quarter increased by 2.7%, averaging 2.6 million trips per day, according to a Wednesday filing with the Australian bourse.
All markets showed ADT growth, with Sydney experiencing an increase of 1.7%, Melbourne growing by 3.2%, and Brisbane recording a growth of 2.6%, the filing said.
In North America, the ADT increase was higher at 6.8%.
The company maintained its fiscal 2026 distribution guidance of AU$0.69 per share, an estimated growth of 6% compared with fiscal 2025, per the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.